UK 16:39 Monday, 26 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Just over three years ago Wayne Bos was seen as the man who was going to turn around AIM Listed ILX. He stuck in a bit of his own cash and with the shares at c10p, long suffering investors were lead to believe that the future was bright. So ILX then paid £15.97 million in shares to buy Progility (PGY), a company owned largely by er....Wayne Bos.
16 Sep 2016: “Progility plc (PGY), the Professional Services, Healthcare and Communications firm… intends to publish its full year results for the period to 30 June 2016 in the week commencing 26 September 2016”, 27 Sep 2016: “the company now intends to publish its final results, for the year ended 30 June 2016, on or before 7 October 2016”, 07 Oct 2016, 11:06am: “Final Results” announcement. All sounds a bit disorganised… and the shares slumped by 39% lto 1.6p, despite Executive Chairman Wayne Bos being “pleased to present Progility's results for the twelve months to 30 June 2016”.
The completion has today been announced of the £15.97 million reverse all-share takeover of Progility Pty Ltd by AIM-listed provider of business training and consulting services, ILX Group. Following 3rd October General Meeting approval of the deal, the enlarged company is now named Progility plc (PGY) and the company’s recently appointed sole broker, WH Ireland, has updated investors with its thoughts.
